Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Analyst William Nestuk remains positive on Harmonic Drive Systems’ prospects, despite the temporary inventory glut and threat of competition. The firm is also now supplying Nissan with a new automotive application which boosts fuel efficiency and given the pressure for automakers to meet global emission targets, demand could rise considerably in the future.
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